Government cannot even handle itself.
Posts Tagged ‘Socialism’
The Pretence of Knowledge
Hayek’s Nobel lecture on 11 December 1974, on the pretence of knowledge.
Spain to raise taxes on foreign entrepreneurs
Spain’s PSOE government plans to raise taxes on wealthy foreigners living in Spain from 24% to 43%, effectively shattering the attraction Spain offered to foreign entrepreneurs and their capital.
Classical Liberalism versus Anarchocapitalism
Professor Jesús Huerta de Soto on the differences between anarcho-capitalism and classical liberalism, and why intellectual evolution eventually leads to anarcho-capitalism.
Why Economic Stimuli Don’t Work
There are already talks of a second stimulus package. This will only bring about greater poverty and greater illusion of recovery. The future remains bleak for world prosperity.
Interesting Graphs on Fiscal Spending and Economic Growth
Here are a collection of graphs showing the relationship between fiscal spending and economic growth. They are from different articles I have read on the internet and from a presentation given by Dan Mitchell, given during Cato University 2009. Although I won’t give a more specific argument against fiscal spending in this post, I am open to comments about it and am willing to reply.
Lending Regulation is Counterproductive
The mainstream has pointed its finger on the apparent lack of regulation, and therefore calls for an increase in regulation on lending for the purpose of selling houses. These regulations will make the accumulation of wealth that much more difficult. We are being condemned to a road to serfdom
Zionism’s Losing Battle
Zionism is doomed to failure, and the only Middle East peace solution is a dissolution of government and the return of economic and social freedoms to both the Jews and the Arabs.
Land Redistribution and the Poor Future of South Africa
The tale of South Africa is one of tragedy: its past and present governments have set the nation up on a very difficult road to prosperity. It would not be news to mention that Zimbabwe’s Robert Mugabe spearheaded land redistribution in that country to expropriate land from the whites to set up communal farms. The South African government had slowly undertaken a similar process, by buying white land and giving it to black South Africans. These land redistribution schemes promise widespread destruction of wealth and possibly economic crisis.
Roosevelt’s Depression of 1937
The “Great Depression” is a thoroughly-studied event in the economic history of the United States. A less studied section of the Great Depression was the so-called “depression within a depression”, or “Roosevelt’s depression”. The monetarist theory is that the Federal Reserve ended its credit stimulus too early, or too abruptly, causing a decline in government and consumer spending. This latter argument is probably the more correct argument.
